Connecticut Deed in Lieu of Prior Deed to Correctly Identify the Amount of Interest intended to Be Conveyed
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FAQ
The answer is c. The grantor's signature, not the grantee's signature, is necessary. It's not a requirement for the grantee to sign since they're the property recipients. All of the components of a valid deed are outlined below.
Essential Elements of a Valid Deed Competent parties: grantor and grantee. Words of grant or operative words of conveyance. Sufficient description of the property to be conveyed. Proper execution.
If the trial court finds the grantor intended the deed to take effect at some point in the future, or if the trial court finds the grantor thought the deed would not be effective until some subsequent act was performed, then there was no delivery and the deed is void and ineffective.
Expert-Verified Answer. Option (C) is correct, The grantor is not mentally capable is void a deed meant to convey property.
A trust deed or deed of trust is never used to transfer ownership (not even to a trust).
A deed in lieu of foreclosure is the result of the lender and the borrower agreeing that the borrower will give the lender a deed to the property, which secures the loan. The deed in lieu of foreclosure would obviate the need for a foreclosure.
A habendum clause is section of a contract that deals with rights, interests, and other aspects of ownership given to one of the parties in land deals. In real estate leases, the habendum clause deals with the lessee's rights and interests.
Forged deeds, mortgages, satisfactions, or releases. Deed by person who is insane or mentally incompetent. Deed by minor (may be disavowed) Deed from corporation, unauthorized under corporate by-laws or given under falsified corporate resolution.
